Trade Finance Yield
oTFY
10% Target APY*
Overview: oTFY is a multi-blockchain token issued by a Luxembourg securitization vehicle pursuant to the Luxembourg Securitisation Law and the Swiss DLT Act. The token represents a claim on the net asset value of a revolving portfolio comprising primarily trade-finance bonds issued under Swiss law. These investment-grade bonds are issued by a separate segregated portfolio company domiciled in the Cayman Islands with physical exposure to commodities and managed by a Singapore management company. Obligate AG, Zurich, Switzerland, serves as the product sponsor.
Underlying assets: The underlying assets primarily consist of a revolving portfolio of investment-grade eNotes issued by a segregated portfolio company with physical exposure to liquid, globally traded bulk commodities that are fungible and in consistent demand across multiple jurisdictions. The portfolio is diversified across a high volume of individual transactions, each relatively modest in size. These assets are protected by all-risk marine insurance, which includes coverage for war risk and exceeds the commodity's value. any investment decisions.
Investment and holding restrictions may apply: Subscription and redemption of the token is subject to the execution of a separate agreement with the issuer. Exercising rights associated with the token requires the holder to complete the issuer's onboarding process. Detailed information and the applicable terms are set forth in the Offering Memorandum.
Important legal notice: This website is for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy any token in any jurisdiction where such action is prohibited or unlawful. Recipients should consult with independent financial and legal advisors before making any investment decisions.
*subject to 1% p.a. management fee and 10% p.a. performance fee (above high-water mark + SOFR)
.svg)
.svg)